Ann Richards' famous quote: 'Ginger Rogers did everything that Fred Astaire did. She just did it backwards and in high heels!

Known as TIK addiction in South Africa...
Credit card debt is the uncontrolled and unmanaged debt of a plastic credit card. Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases interest (Interest is the fee charged by a lender to a borrower for the use of borrowed money,) Interest is the punishment when the spender does not pay the lender for the money he or she has spent.
The results of not paying this debt on time are that the lender will charge a late payment penalty. When a consumer has been late on a payment, it is possible that other creditors may increase the interest rates that the consumer will be paying. This practice is called universal default. (Look up the meaning of that word Universal Default anywhere on the internet)
Tick addiction as we all know is a powerful stimulant that affects the central nervous system. Retail therapy is not a true answer to solving our emotional problems and in fact has been known to complicate our lives even more.
Unfortunately, many of us keep sniffing out a new door of debt and do not understand why we have bloodied noses from trying to walk through doors that were actually closed!
Let the buyer beware! Tick addiction gives the user what it wants.. Whole families have been known to be effected by the user of this powerful plastic drug. Maximum interest is charged for the violators and the suspect is watched carefully.
Otherwise sane and sensible people wanting to “experience the South African dream” get hooked on the irresistible temptation to swipe. Once swiped, without another thought they pick up the pen and sign. It was all too easy to buy now and PAY later.
The devastating reality is the fact that the effects of this drug create a false sense of confidence, energy and of buying power. But ignorance never was bliss, and in order to get out from under the burden of debt, you need to face the uncomfortable (and perhaps downright ugly) truth. It's important to understand that the credit card companies don't allow you to pay back your debt in small amounts out of the kindness of their hearts. This is the whole idea on how they make their money. You should be absolutely unwilling to pay only the minimum balance on your credit cards each month. If you can't afford to pay more than the minimum balance, you can't afford whatever it was you charged to the card in the first place.
Many have swallowed the smell of plastic carefully placed under their noses by banksters (that’s a gangster banker by the way). The plastic cocaine has been offered to practically anyone possessing a heart beat. Most of us knew we were overextending ourselves yet the credit card had this magical power to give us something instantly. The banksters were feeding us credit that the vast majority could not handle so once the inevitable increase in interest rates kicked in, an addiction to buying on tick increased. Buying on tick without thinking of the consequences is dangerous to your credit health.
The bankster mafia are watching your every move. If you need to buy on credit, at least do it with your eyes wide open before the “chickens come home to roost!” . Start chipping away at that debt one day at a time. Fight the craving. Don’t do the crime and you won’t do the time. This is a numbers game ladies! There is nothing good about bad credit. It is the exact opposite of good credit. While good credit helps you qualify for car and home mortgage loans, bad credit could keep you from being able to buy these large-dollar items. It will also keep you from qualifying for credit cards and may possibly hinder your ability to rent a house or apartment. Yes ! There are ways to use the banks money to make money. Bad credit is not one of them.
Alicia
Oh by the way….Not all bankers are gangsters.